The crisis on the UK’s high streets is accelerating with the number of shops that are empty (as well as pubs and restaurants that also help attract shoppers to an area) rising faster than it has for around a decade.
Britons are increasingly shopping online at night with ‘bedtime browsing’ on the rise, a report from John Lewis claims. It said spending on its webstore between midnight and 06:00 soared 23% in the past year alone.
Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460bn firm when the market for its core e-tail business has slowed.
Shares in struggling British shopping centre operator Intu Properties Plc jumped more than 20% on Monday after a report that private equity firm Orion Capital Managers was considering a buyout of the company.
Chinese microblogging website Weibo has taken down an Instagram-like app just days after its launch and apologised after accusations of plagiarism about the app's logo, a stumble in efforts to find new sources of growth.
On Wednesday September 4, the sixth edition of the LVMH Prize for emerging fashion designers was awarded in Paris to South African designer Thebe Magugu, while the Karl Lagerfeld Prize went to Hed Mayner from Israel
Confidence drained away from British businesses and consumers in August as the Brexit crisis deepened, according to surveys that suggested the political ructions were taking an increasing toll on the economy.